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Rights Issue and Shortfall
Stornoway Diamond Corporation (TSX:SWY) reported that its US$81,257,000 convertible debentures begin trading on November 10, 2014, on the Toronto Stock Exchange (TSX).
Stornoway Diamond Corporation (TSX:SWY) reported that its US$81,257,000 convertible debentures begin trading on November 10, 2014, on the Toronto Stock Exchange (TSX).
As quoted in the press release:
The debentures pay interest semi-annually in arrears on June 30 and December 31 and are convertible into Stornoway common shares at C$0.945 per common share.
Click here to read the Stornoway Diamond Corporation (TSX:SWY) press release
Click here to see the Stornoway Diamond Corporation (TSX:SWY) profile.
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